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If there’s an incentive in your district’s salary schedule to earn a master’s and tuition reimbursement’s available it’s likely worth it. I started my master’s program sixteen years after receiving my bachelor’s degree and found it to be worthwhile. Taking some time between the degrees allowed me to mature in the classroom and have a good perspective on my new degree. Admittedly, some of the program work wasn’t enlightening, but I’ll admit I did change some ways I did things as I worked on earning my MA.
Does your pay ladder include an increase for a masters, if you even have a pay ladder? Many places no longer offer those incentives.
Yes, but……
changing districts afterwards could be a challenge. Most contracts allow for the initial pay offering to be at a lesser experience step or w/o the Masters OR the district could opt for “cheap” over “qualified” or “experienced.” I lucked out when my position was cut during COVID. Was 0-for-3 (two went cheap, one nepotism). 4th school wanted experience, gave me my MA pay but at a lower step per contract I reinstate fully next year due to clause in the new contract.
I made back my investment, but the transfer was dicey.
Sometimes another degree doesn’t guaranty more money, and who wants to get stuck with more student loans. Sometimes it’s best to get certificates
I would look in your school district and see what the pay scale is if you get your masters degree. Some of the larger districts it’s beneficial some of the others. It’s not all that important.